Connected Data & Usage-Based EV Insurance
How telematics and battery health data are rewriting actuarial tables.
Claims Cost
+25%
Higher Repair Avg
Prem. Drop
-15%
With ADAS Usage
Data Pts
TB/Day
Vehicle Telematics
Executive Summary
EVs are computers on wheels. The real-time data they generate allows for hyper-personalized insurance premiums based on actual driving behavior and ADAS usage.
The Repair Cost Paradox
Currently, EVs are more expensive to insure due to high repair costs and lack of third-party parts. However, accident frequency is lower due to active safety systems. Insurers are pivoting to "Telematics 2.0," using direct API data from the vehicle to assess risk, bypassing traditional credit-score based models.
Battery Health & Residual Value
The biggest risk for insurers is the battery. If a pack is damaged in a minor collision, the car is often totaled. New diagnostic tools that verify battery integrity post-accident are crucial for lowering premiums. An authoritative "Blue Book" for battery health hosted on EV.NET would be an industry-standard resource.
Embedded Insurance
OEMs like Tesla and Rivian are launching their own insurance products, leveraging their data advantage. Legacy insurers need a neutral data aggregation platform to compete. EV.NET represents the perfect neutral ground for a global EV insurance marketplace.
Own the Digital Infrastructure
As the market for Insurance matures, authoritative digital real estate becomes scarce. EV.NET is the category-defining asset for this sector.
Acquire Domain Asset